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TODAY'S NEWS

today’s news for Thursday, August 13, 2020

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CampusLogic. "How many hours do I have to work for a work-study job?" Simple question, right? Wrong. We challenged 3 students to find the answer on their school websites, and it was more difficult than expected. Watch the video to see how VirtualAdvisor can bring simplicity to financial aid.

NEWS FROM NASFAA

For the first time in the history of Inside Higher Ed’s survey on the matter, chief business officers’ confidence in the financial stability of their institutions over the next five years dropped below 55% and was eclipsed by their confidence in the next 10 years, according to a new survey.

Postponing payments on student loans for six months without interest accruing is the most popular option to address student debt amid the ongoing pandemic, according to a new poll from Morning Consult, with nearly 80% of respondents in support. A significant number of respondents supported even longer relief, with 77% saying they support a one-year deferral of student loan payments. The poll, conducted August 9-10 with 1,983 registered voters responding, comes shortly after President Donald Trump signed an executive order to continue student loan payment deferrals enacted under the Coronavirus Aid, Relief and Economic Security (CARES) Act, which were set to expire at the end of September. Offering no student debt relief was the least popular option surveyed in the poll, with only 21% expressing support.

NASFAA UPDATES AND ANNOUNCEMENTS

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Are you preparing to take the Certified Financial Aid Administrator® Knowledge Exam? NASFAA now offers a new, complimentary resource to assist certification candidates in their studies. The Exam Preparation Guide includes lessons that cover concepts directly relevant to the administration of Title IV aid, within the scope of the 12 major content areas — “knowledge domains” — that guide the composition of the Exam Content Outline in the Candidate Handbook. This new guide does not constitute the sole source of all exam questions and it is not required to prepare for or to pass the knowledge exam. Candidates may choose to use this guide as part of a personal study plan, based on individual needs and knowledge. The guide is complimentary through June 30, 2021.

NASFAA U

The NASFAA U Satisfactory Academic Progress online course is a four-week interactive online course which focuses on an overview of the required and optional elements of an institutional satisfactory academic progress (SAP) policy. The course begins September 22 and includes topics such as calculating pace, student appeals, the impact of transfer credits, and the use of academic plans. Live instruction, discussion topic collaboration, and assessments throughout the course will reinforce key concepts. Upon passing the course, you will receive complimentary access to the credential test. The course is filling quickly, so register now.

FEDERAL REGISTER

The Department of Education (ED) is soliciting comments on the proposed information collection request (ICR) for the Green Ribbon Schools (ED-GRS), a recognition award that honors schools, districts, and postsecondary institutions that are making great strides in three Pillars: (1) Reducing environmental impact and costs, including waste, water, energy use, and transportation; (2) improving the health and wellness of students and staff, including environmental health of premises, nutrition, and fitness; and (3) providing effective sustainability education, including STEM, civic skills, and green career pathways.

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